The Urban Development Institute of Australia has welcomed the federal government's move to provide infrastructure funding based on 30-year strategic plans suggesting it's a critical step required to meet growing demand for land.
Redcliffe-based Global Construction Services has lifted its order book to more than $115 million after it today secured a $75 million formwork and concrete contract with Brookfield Multiplex for work at the Fiona Stanley Hospital.
The state government has instructed Main Roads to change its contracting policy so that smaller companies have more opportunity to bid for roadworks contracts.
The state government has selected a $600 million upgrade of road links around Perth airport and a $470 million improvement in town infrastructure in the Pilbara as its top capital works priorities.
Shares in Forge Group have surged as much as 21 per cent after it reported record revenue of $60 million for the first quarter and forecast a 135 per cent increase in its first-half net profit.
Rio Tinto is rebuilding ship loading infrastructure at its Dampier Salt operation in Port Hedland, which will allow ships to be loaded faster and reduce environmental impacts.
The state government has called for expressions of interest for pilot water projects and associated works in the Pilbara worth up to $2.5 million a piece as part of the $300 million Royalties for Regions Pilbara Revitalisation Plan.
Aviva Corporation has started shopping around its $1 billion Coolimba power project, two weeks after Aviva's plans were cruelled by its failure to win a critical power supply tender run by state-owned retailer Synergy.
The economic downturn failed to dampen throughput rates at the ports in Dampier and Port Hedland, which both reported record tonnages for the 2009 financial year.
Verve Energy's decision to restart the state's oldest coal fired power station will not be formally assessed by the Environmental Protection Authority.
State energy retailer Synergy has snubbed private energy generators by selecting state generator Verve Energy to supply at least 638 MW of supply under its 2008 procurement tender and named it a preferred tender for its 2009 procurement tender.
State energy retailer Synergy is poised to announce the winning bidders of its 2009 power procurement tender to provide additional generation capacity needed from 2012.
Fortescue Metals Group will spend $360 million to upgrade its Christmas Creek iron ore mine in the Pilbara to boost its total Pilbara output by 40 per cent to 55 million tonnes a year by mid 2011.
Global asset manager Brookfield has, for the second time, swooped on a distressed Australian asset with Babcock and Brown Infrastructure today revealing details of a $1.8 billion recapitalisation.
Perth-based Royal Resources has signed a $50 million binding deal with a Singaporean company for the joint development of the Razorback magnetite iron ore deposit in South Australia.
Population expansion, water shortages, and degradation of land fertility will elevate agriculture to a position of global strategic importance over the next two decades.
IT services provider Empired will build on its presence in Victoria after securing a $3 million contract with the state government's Department of Education and Early Childhood Development for infrastructure outsourcing services.
